Our Commitments

Our strategic pillars are aligned with the reality of the mining industry and they contribute to the achievement
of our
vision “to be the number one global natural resources company in creating long-term value, through
excellence and passion for people and the planet.”

Strategic Pillars

Take care of our people

Seek zero accidents, develop a team of professionals who are trained and accountable for their decisions,
and be a great place to work, with motivated people, development opportunities and quality of life.

Embed sustainability into our business

Build economic, social and environmental legacies in the regions where we are present, mitigating the
impacts of our operations on adjacent communities and promoting sustainable practices throughout our value
chain. In addition, secure our licence to operate through integrated action, dialogue and transparency with
our stakeholders.

Manage our portfolio with discipline and
efficiency

Be austere in our use of financ​ial resources, focus on high-profitability assets, and attract partners to
boost growth and manage risks.

Ethics and Transparency

Vale’s
Code of Ethical Conduct was updated in 2018, in line with our values, and it reinforces our
commitment to ethics. It presents the concept of conflicts of interest and describes the types of conduct
expected of employees, as well as types that are not tolerated, resulting in disciplinary measures.

To further reinforce our commitment to transparency, in 2013 we created our Ethics
and Conduct Office, in order to promote the continuous enhancement of ethical awareness and to
guarantee our internal and external stakeholders a proactive, transparent, independent and impartial
communication channel to handle allegations.

Relations with Public Authorities

Mining is responsible for major private-sector investments in Brazil and other parts of the world, reinforcing
the importance of public policies compatible with the need for our business to be sustainable.

We maintain continuous dialogue with governmental authorities, preferably through industry associations, in the
countries where we are present. In this way, we seek to participate proactively in the formulation of public
policies and contribute to understanding of our points of view, aiming to establish or maintain a favourable
environmental for the mining sector.